Dow stocks hitting 52-week highs include Johnson & Johnson (JNJ) 176.25 (-0.22%). There were no Dow stock 52-week lows.

The Market

Premarket today, the Dow was indicated to be up +102 points.

Monday the Dow closed down -34.30 (-0.08%) at 44,911.82.

Year-to-date the Dow is up +5.57%.

Monday, (16) Dow stocks were up, none made 52-week lows, and (1) made 52-week highs.

The Dow stock winners Monday were led by UnitedHealth (UNH) 308.49 (+1.47%), Caterpillar (CAT) 412.64 (+1.19%) and Cisco (CSCO) 66.95 (+1.13%).

The Dow stock losers Monday were led by Sherwin Williams (SHW) 358.85 (-1.52%), Amgen (AMGN) 292.62(-1.30%) and Boeing (BA) 232.41 (-1.21%).

The VIX closed Monday at 14.99 (-0.66%) and the 10 YR at 4.328 (+0.12%). The VIX is currently at 14.99 (0.00%). The 10YR is at 4.317 (-0.35%).

Home Depot (HD) shares edged lower after the home improvement giant reported weaker-than-expected second-quarter earnings but maintained its full-year outlook. The home improvement giant earned an adjusted $4.68 per share on revenue of $45.28 billion. Analysts expected a profit of $4.71 per share on revenue of $45.36 billion.

The fed funds futures market is indicating an 83% chance for a quarter-point rate cut at the Fed’s next policy meeting in September.

New construction figures for July brought a mixed bag for the struggling U.S. housing market. Privately owned starts totaled a seasonally adjusted annual rate of 1.428 million, up 5.2% from the upwardly revised June figure and well above the Dow Jones consensus estimate for 1.29 million, according to Commerce Department figures Tuesday. For building permits, though, the total of 1.354 million was 2.8% off the June pace and less than the 1.39 million estimate. Housing completions totaled 1.415 million, a 6% increase from the prior month. Units under construction were little changed monthly at 1.36 million though down 12.4% from a year ago.

Evercore ISI upgraded construction equipment company Caterpillar (CAT) to outperform from in line on Monday. Shares gained 1.8% on the back of the firm’s new rating. The firm also raised its price target on Caterpillar to $476 per share from $373, which calls for more than 15% upside from Monday’s $412.64 close, and added the stock to its five favorite stocks.

U.S. futures are mostly lower, European stocks are higher and Asian markets ended mostly lower.

The national average price of gasoline is down seven-tenths of a cent at $3.130 per gallon.

Earnings Reports

JPMorgan (JPM) reported earnings on 7/15/2025 before the market open with $5.24, beating estimates of $4.455 per share.

Goldman Sachs (GS) reported earnings on 7/16/2025 before the market open with $10.91, beating estimates of $9.821 per share.

Johnson & Johnson (JNJ) reported earnings on 7/16/2025 before the market open with $2.77, beating estimates of $2.65 per share.

Travelers (TRV) reported earnings on 7/17/2025 before the market open with $6.51, beating estimates of $3.51 per share.

3M (MMM) reported earnings on 7/18/2025 before the market open with $2.16, beating estimates of $2.011 per share.

American Express (AXP) reported earnings on 7/18/2025 before the market open with $4.08, beating estimates of $3.837 per share.

Verizon (VZ) reported earnings on 7/21/2025 before the market open with $1.22, beating estimates of $1.183 per share.

Coca Cola (KO) reported earnings on 7/22/2025 before the market open with $0.87, beating estimates of $3.837 per share.

Sherwin Williams (SHW) reported earnings on 7/22/2025 before the market open with $3.38, missing estimates of $3.75 per share.

IBM (IBM) reported earnings on 7/23/2025 after the market close with $2.80, beating estimates of $2.637 per share.

Honeywell (HON) reported earnings on 7/24/2025 before the market open with $2.75, beating estimates of $2.629 per share.

Boeing (BA) reported earnings on 7/29/2025 before the market open with -$0.847, missing estimates of -$1.24 per share.

Merck (MRK) reported earnings on 7/29/2025 before the market open with $2.13, beating estimates of $2.035 per share.

Procter & Gamble (PG) reported earnings on 7/29/2025 before the market open with $1.48, beating estimates of $1.423 per share.

UnitedHealth (UNH) reported earnings on 7/29/2025 before the market open with $4.08, missing estimates of $5.468 per share.

Visa (V) reported earnings on 7/29/2025 after the market close with $2.98, beating estimates of $2.839 per share.

Microsoft (MSFT) reported earnings on 7/30/2025 after the market close with $3.35, beating estimates of $3.65 per share.

Apple (AAPL) reported earnings on 7/31/2025 after the market close with $1.57, beating estimates of $1.419 per share.

Chevron (CVX) reported earnings on 8/1/2025 before the market open with $1.77, beating estimates of $1.544 per share.

Caterpillar (CAT) reports earnings on 8/5/2025 before the market open with $4.72, missing estimates of $4.925 per share.

Amgen (AMGN) reports earnings on 8/5/2025 after the market close with $6.02, beating estimates of $5.207 per share.

Disney (DIS) reports earnings on 8/6/2025 before the market open with $1.61, beating estimates of $1.442 per share.

McDonald’s (MCD) reports earnings on 7/6/2025 before the market open with $3.19, beating estimates of $3.128 per share.

Cisco (CSCO) reported earnings on 8/13/2025 after the market close with $0.99, beating estimates of $0.797 per share.

Home Depot (HD) reported earnings on 8/19/2025 before the market open with $4.68, missing estimates of $4.693 per share.

Walmart (WMT) reports earnings on 8/21/2025 before the market open.

Nvidia (NVDA) reports earnings on 8/27/2025 after the market close.

Salesforce (CRM) reports earnings on 8/27/2025 after the market close.

Amazon (AMZN) reports earnings on 10/30/2025 after the market close.

Today’s Featured Dow Stock

Coca Cola (KO)

Coca Cola (KO) 69.13 (-1.13%) is up +11.03% in 2025.

Financial Calendar

08:30 AM ET Building Permits (MoM) (Jul), -0.1%
08:30 AM ET Building Permits (Jul), 1.390M, 1.393M
08:30 AM ET Housing Starts (Jul), 1.290M, 1.321M
08:30 AM ET Housing Starts (MoM) (Jul), 4.6%
08:55 AM ET Redbook (YoY), 5.7%
11:00 AM ET Milk Auctions, 4,249.0
11:30 AM ET Atlanta Fed GDPNow (Q3), 2.5%, 2.5%
14:10 PM ET FOMC Member Bowman Speaks
16:30 PM ET API Weekly Crude Oil Stock, 1.500M